Basic Flood Determination: A guaranteed flood zone determination (FZD) that provides all the required FEMA flood map and community participation status information.

Life of Loan Flood Zone Determination: A guaranteed FZD that provides all the required FEMA flood map and community participation status information. The FZD is monitored for FEMA flood map revisions and community participation status changes for the term of the loan to maintain compliance with federal regulations and secondary market guidelines. Additionally, LSI Flood’s life of loan FZDs are transferable between servicers.

A borrower’s notification letter is included with a FZD for properties located in a Special Flood Hazard Area (SFHA).

HMDA Information

LSI uses geocoding software in conjunction with reliable property location techniques to ensure compliance with the Home Mortgage Disclosure Act (HMDA). We provide the four required elements: Census Tract, Metropolitan Statistical Area, County Code, and State Code. HMDA information can be ordered with a FZD or independently in batch format.

Life of Loan Conversion

LSI can assign life of loan tracking to flood zone determinations performed by third party vendors. We will assume responsibility for updating flood zone information on the entire portfolio, which eliminates vendor management concerns and provides a comprehensive guarantee for all loans in the portfolio.